NonprofitsBoardsource

Arts, Culture & Humanities

Boardsource

ELLICOTT CITY, MD

Total revenue

$4.1M

Total expenses

$5.0M

Net assets

$7.1M

Grants received

$9.4M

81 grants

EIN

521681375

Tax year

2024

Mission

To inspire and support nonprofit boards and executives to lead justly and with purpose.

Programs

1 program

Membership and other fee for service programming:over the course of 30+ years of direct engagement with boards and executives, boardsource has become the go-to governance resource for nonprofit organizations. We inspire, challenge, educate and support a growing community of members nationwide, and are committed to serving organizations of all sizes by providing affordable and scalable resources. Through membership, boardsource provides a range of practical supports that meet the needs of organizations and boards at different stages of their development, including training programs, written resources on a range of leadership topics, technical support and access to a vibrant online community. Membership programs include the board support program our core offering for nonprofits as well as tailored programs for corporations, foundations, federated networks and individual nonprofit executives.members can access boardsource's library of nonprofit board leadership resources which include publications and tools on a broad range of topics relevant to nonprofit executives, board leaders, and practitioners. In 2024, hundreds of thousands of nonprofit leaders from across the country information on boardsource.org as well as viewed and/or downloaded online resources. We also continued an internal review of our resources to ensure that they reflect the latest thinking and practices for a strong sector. Assessments are a critical tool to enable strong governance and nonprofit board leadership. Boardsource's assessment services assist organizations identify core issues in performance and development of their boards and chief executives.boardsource's professional development programs provide training and supports for governance consultants who work directly with boards, as well as direct leadership development for executives and board members. In addition to presentations and trainings, boardsource offers a certificate of nonprofit board education and a certificate of nonprofit board consulting.

Expenses: $1.9M

Financials

FY 2024

Revenue

Contributions & grants$1.0M
Program service revenue$2.5M
Investment income$404K
Other revenue$248K
Total revenue$4.1M

Expenses

Grants paid
Salaries & benefits$2.7M
Fundraising$337K
Other expenses$2.2M
Total expenses$5.0M
Total assets$9.0M
Net assets$7.1M

People

20 listed

NameRoleCompensation

MONIKA KALRA VARMA

PRESIDENT & CEO

Board

$329K

40 hrs/wk

JOAN PAYNE

VP, FINANCE

Board

$132K

25 hrs/wk

MARK SHAMLEY

CHAIR

Board

3 hrs/wk

KEVIN WALKER

VICE CHAIR

Board

3 hrs/wk

KEITH LIEDERMAN

TREASURER

Board

3 hrs/wk

TERRI LEE FREEMAN

SECRETARY

Board

2 hrs/wk

JAMIE ALLISON

BOARD MEMBER

Board

2 hrs/wk

SILVIA ARGUETA

BOARD MEMBER

Board

2 hrs/wk

KYLE CALDWELL

BOARD MEMBER

Board

2 hrs/wk

STEPHANIE HULL

BOARD MEMBER

Board

2 hrs/wk

GENE TAKAGI

BOARD MEMBER

Board

2 hrs/wk

SHERECE WEST-SCANTLEBURY

BOARD MEMBER

Board

3 hrs/wk

SARAH KASTELIC

BOARD MEMBER

Board

1 hrs/wk

GEORGE SUTTLES

BOARD MEMBER

Board

3 hrs/wk

JULIA WILSON

BOARD MEMBER

Board

2 hrs/wk

JUDY RECKELHOFF

CHIEF OF STAFF

Staff

$210K

40 hrs/wk

STELLA FORD

VP, STRATEGIC PARTNERSHIPS

Staff

$178K

40 hrs/wk

TARA HUFFMAN

CHIEF PROGRAM & STRATEGY OFFICER

Staff

$157K

40 hrs/wk

DANI ROBBINS

DIR. GOVERNANCE STRATEGY

Staff

$136K

40 hrs/wk

ANGELYN FRAZER-GILES

DIR. GOVERNANCE NETWORKS & INNOVATION

Staff

$132K

40 hrs/wk

Independent contractors

MEDIA CAUSE INC

MARKETING SERVICES

$153K

DOCMATION DBA RAFTER ONE

COMMERCE PLATFORM CONSULTING SERVICES

$132K

BOARD MEMBER CONNECT

BOARD MATCHING CONSULTING SERVICES

$115K

Grants received

Showing 81 of 81

FromAmountPurposeYear
$204K
TO SUPPORT THE WORK OF BOARDSOURCE
2024
$92K
FOR GENERAL OPERATING SUPPORT
2024
$35K
Provide general operating support
2024
$25K
FOR LEGAL TECHNICAL ASSISTANCE
2024
$15K
FOR MEMBERSHIP SUPPORT
2024
$15K
2024 FOUNDATION MEMBERSHIP TO SUPPORT CHARITABLE EFFORTS.
2024
$10K
2024 MEMBERSHIP DUES
2024
$6K
UNRESTRICTED
2024
$5K
BOARD SOURCE ASSESSMENTS
2024
$100K
FOR ORGANIZATIONAL PLANNING AND STAFF DEVELOPMENT
2023
$75K
FOR GENERAL OPERATING SUPPORT
2023
$35K
PROVIDE GENERAL OPERATING SUPPORT
2023
$25K
FOR GENERAL OPERATING SUPPORT
2023
$20K
TWO YEARS OF GENERAL OPERATING SUPPORT TO CONTINUE THEIR MISSION TO INSPIRE AND SUPPORT NONPROFIT BOARDS AND EXECUTIVES TO LEAD JUSTLY AND WITH PURPOSE
2023
$15K
FOR MEMBERSHIP SUPPORT
2023
$15K
IN SUPPORT OF 2023 MEMBERSHIP.
2023
$10K
GENERAL OPERATING SUPPORT
2023
$10K
THE PARTNERSHIP FOR EFFECTIVE BOARD LEADERSHIP: BOARDSOURCE'S FOUNDATION MEMBERSHIP PROGRAM
2023
$10K
FOR CAL WELLNESS' 2023 ASSOCIATION MEMBERSHIP.
2023
$4K
2023 BOARDSOURCE - FOUNDATION BOARD ASSESSMENT PROGRAM
2023
$2K
ONE YEAR OF GENERAL OPERATING SUPPORT
2023
$2K
GENERAL OPERATING EXPENSES
2023
$250K
For grant recipient's exempt purposes
2022
$100K
GENERAL OPERATING SUPPORT
2022
$75K
FOR GENERAL OPERATING SUPPORT
2022
$70K
PROVIDE GENERAL OPERATING SUPPORT
2022
$50K
FOR GENERAL OPERATING SUPPORT
2022
$50K
TO SUPPORT THE WORK OF BOARDSOURCE
2022
$50K
FOR GENERAL OPERATING SUPPORT
2022
$25K
FOR GENERAL OPERATING SUPPORT
2022
$25K
General Support
2022
$15K
IN SUPPORT OF GENERAL OPERATIONS.
2022
$15K
FOR MEMBERSHIP SUPPORT
2022
$10K
GENERAL OPERATING SUPPORT
2022
$5K
FOR CAL WELLNESS ASSOCIATION MEMBERSHIP FROM JULY 2022 THROUGH DECEMBER 2022.
2022
$4K
2022 BOARDSOURCE - FOUNDATION BOARD ASSESSMENT PROGRAM
2022
$500
TO FURTHER THE EXEMPT PURPOSES OF THE ORGANIZATION.
2022
$500
Memberships
2022
$275K
TO SUPPORT THE WORK OF BOARDSOURCE
2021
$125K
For grant recipient's exempt purposes
2021
$125K
For grant recipient's exempt purposes
2021
$2K
in gratitude for participation during the McKnight Foundation's November 2021 board meeting
2021
$2K
in gratitude for participation during the McKnight Foundation's November 2021 board meeting
2021
$5M
GENERAL OPERATING SUPPORT
2020
$300K
For grant recipient's exempt purposes
2020
$100K
General operating support
2020
$70K
FOR RESEARCH AND RESOURCES TO SUPPORT FOUNDATION BOARDS
2020
$70K
TO SUPPORT THE WORK OF BOARDSOURCE
2020
$50K
PROVIDE GENERAL OPERATING SUPPORT
2020
$25K
FOR GENERAL OPERATING SUPPORT
2020
$25K
FOR GENERAL OPERATING SUPPORT.
2020
$15K
FOR MEMBERSHIP SUPPORT
2020
$15K
MEMBERSHIP
2020
$15K
In support of general operations.
2020
$11K
General Support
2020
$10K
PHILANTHROPIC SUPPORT 2020; PARTNERSHIP FOR EFFECTIVE BOARD LEADERSHIP
2020
$4K
BOARDSOURCE FOUNDATION BOARD ASSESSMENT PROGRAM
2020
$387
Membership
2020
$11K
CHAPTER SUPPORT TRAININGS
2019
$10K
SUPPORT FOR THE PARTNERSHIP FOR EFFECTIVE BOARD LEADERSHIP
2019
$700K
TO SUPPORT THE WORK OF BOARDSOURCE
2018
$100K
For grant recipient's exempt purposes
2018
$15K
NEWARK ALLIANCE BOARD DEVELOPMENT AND CHIEF EXECUTIVE SUPPORT
2018
$155K
EXPENDABLE GRANTS
2017
$130K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$25K
General support
2017
$6K
Friends Training Expenses
2017
$1K
Matching Grant
2017

Funded by

$9.4M from 33 funders · 81 grants · 2017–2024

The Chicago Community Trust

$5M · 1 grant · 2020

Borealis Philanthropy

$1.3M · 5 grants · 2018–2024

Fidelity Investments Charitable Gift Fund

$1.0M · 6 grants · 2017–2022

The William & Flora Hewlett Foundation

$632K · 14 grants · 2020–2024

Neighborhood Reinvestment Corporation

$601K · 7 grants · 2017–2023

The Annenberg Foundation

$200K · 2 grants · 2020–2022

Annie E Casey Foundation Inc

$190K · 4 grants · 2020–2024

Conrad N Hilton Foundation

$75K · 3 grants · 2020–2023

Details

EIN521681375
NTEE codeA33Z
Subsection03
Ruling date1990-08
Formed1990
Employees22
Volunteers13
BOARDSOURCE — Mission, Financials & Grants Received | Grantivo